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DocuSign Envelope ID: 1D8CBE7B8505467E8E125E8B15361FEA8937Report of Organizational Actions Affecting Basis of SecuritiesForm (December 2017) Department of the Treasury Internal Revenue Serviceman
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LVWR stands for Local Value Withholding Report, while LVWR WS stands for the Local Value Withholding Report Worksheet. These documents are utilized to report specific financial information related to local taxes.
Businesses and organizations that engage in activities subject to local withholding taxes are required to file LVWR and LVWR WS.
To fill out LVWR and LVWR WS, individuals should gather relevant financial data, complete the required fields with accurate information, and ensure all figures are reconciled before submission.
The purpose of LVWR and LVWR WS is to provide local tax authorities with detailed information about withholding taxes, ensuring compliance and accurate reporting.
The information that must be reported includes income subject to withholding, amounts withheld, and other relevant financial details for the reporting period.
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